Northview Bank in city_name, state_name - Detailed Financial Reports, Location

Northview Bank in Sandstone, Minnesota (MN)
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Northview Bank routing number info

Northview Bank - Overview

General
FDIC Certificate #: 10956
Status: Active
Federal Reserve ID: 16551
Bank Holding Company (Regulatory Top Holder): Finlayson Bancshares, Inc. (RSSDID: 1126037, Location: Finlayson, MN)
Date Established: January 01, 1908
WWW: http://www.northviewbank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 12 (Domestic: 12, Interstate: No)
OTS Docket #: 10191
FDIC's unique #: 7013
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 02, 2012
Last Structure Change Process Date: March 05, 2012
Last Data Update: March 05, 2012
Data Source Date: April 05, 2012
Location
Address: 510 Main Street, Sandstone, MN 55072
County: Pine
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Minneapolis
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: West
History of Changes
Change in Location
Financial Summary
Total assets: $230.5 mil
Equity capital: $22.2 mil
Deposits held in domestic offices: $201.0 mil
Return on assets (ROA): 0.87% ($2.0 mil)
Quarterly return on assets: 1.02% ($2.4 mil)
Return on Equity (ROE): 8.32% ($1.8 mil)
Quarterly return on equity: 10.80% ($2.4 mil)
Net income: $1.6 mil
Quarterly Net income: $0.6 mil
Pretax return on assets: 1.26% ($2,904.6 mil)
Quarterly Pretax return on assets: 1.55% ($3,573.1 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

Dollar figures in thousands
79Total employees (full-time equivalent)
$230,524Total assets
$18,850Cash and due from depository institutions
$13,601Interest-bearing balances
$28,316Securities
$0Federal funds sold & reverse repurchase agreements
$166,509Net loans & leases
$2,474Loan loss allowance
$0Trading account assets
$3,637Bank premises and fixed assets
$3,906Other real estate owned
$1,393Goodwill and other intangibles
$230,524Life insurance assets
$7,913All other assets
$208,280Total liabilities and capital
$201,004Total liabilities
$169,464Total deposits
$201,004Interest-bearing deposits
$94Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$7,000Trading liabilities
$0Other borrowed funds
$276Subordinated debt
$22,244All other liabilities
$22,244Total equity capital
$22,244Total bank equity capital
$0Perpetual preferred stock
$175Common stock
$9,576Surplus
$12,493Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$3,292Income earned, not collected on loans
$0Earning assets
$1,168Long-term assets (5+ years)
$208,426Average Assets, year-to-date
$60,970Average Assets, quarterly
$190,239Volatile liabilities
$232,251Insider loans
$181,653FHLB advances
$231,630Loans and leases held for sale
$2,116Unused loan commitments
$2,116Tier 1 (core) risk-based capital
$20,059Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$15,337Restructured Loans and leases
$42Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$10,777Total interest income
$2,878Total interest expense
$7,899Net interest income
$600Provision for loan and lease losses
$1,429Total noninterest income
$0Fiduciary activities
$433Service charges on deposit accounts
$0Trading account gains & fees
$996Additional noninterest income
$6,382Total noninterest expense
$3,529Salaries and employee benefits
$584Premises and equipment expense
$2,269Additional noninterest expense
$2,346Pre-tax net operating income
$47Securities gains (losses)
$745Applicable income taxes
$1,648Income before extraordinary items
$0Extraordinary gains - net
$1,648Net income attributable to bank
$0Net charge-offs
$1,648Cash dividends
$512Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.31%Yield on earning assets
1.68%Cost of funding earning assets
4.62%Net interest margin
0.84%Noninterest income to earning assets
3.73%Noninterest expense to earning assets
0.85%Net operating income to assets
0.87%Return on assets (ROA)
1.26%Pretax return on assets
8.32%Return on equity (ROE)
8.32%Retained earnings to average equity (YTD only)
0.35%Net charge-offs to loans
117.19%Credit loss provision to net charge-offs
5.75%Efficiency ratio
67,560Assets per employee
2.92%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.46%Loss allowance to noncurrent loans
75.15%Noncurrent assets plus other real estate owned to assets
3.12%Noncurrent loans to loans
1.95%Net loans and leases to deposits
82.84%Net loans and leases to core deposits
91.31%Equity capital to assets
9.65%Core capital (leverage) ratio
8.66%Tier 1 risk-based capital ratio
11.04%Total risk-based capital ratio
Memoranda
$12Average assets
$190,239Average earning assets
$19,807Average equity
$170,895Average loans

List of branches

12 Minnesota Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	7013	Northview Bank	510 Main Street, Sandstone, MN 55072	January 01, 1908	Full Service Brick and Mortar
1	223516	Willow River Branch	8132 County Highway 61, Willow River, MN 55795	January 15, 1979	Full Service Brick and Mortar
2	223517	Barnum Branch	3842 Main Street, Barnum, MN 55707	March 22, 1983	Full Service Brick and Mortar
3	223518	Cromwell Branch	5584 Highway 210, Cardinal Building, Cromwell, MN 55726	June 19, 1995	Full Service Brick and Mortar
4	6231	Floodwood Branch	130 West 7th Avenue, Floodwood, MN 55736	January 01, 1908	Full Service Brick and Mortar
5	221096	Drive-In Facility	Railroad Street, Floodwood, MN 55736	August 07, 1974	Limited Service Facility
6	432009	Grand Rapids Branch	411 Pokegma Avenue South, Grand Rapids, MN 55744	July 27, 2004	Full Service Brick and Mortar
8	3426	Deer River Branch	216 4th Street Se, Deer River, MN 56636	May 14, 1908	Full Service Brick and Mortar
10	11225	First National Bank Of The North Bra	510 Main Street, Sandstone, MN 55072	August 08, 1902	Full Service Brick and Mortar
11	241017	Kerrick Branch	Main Street, Kerrick, MN 55756	October 01, 1979	Full Service Brick and Mortar
12	10009	Askov Branch	Main Street, Askov, MN 55704	May 25, 1906	Full Service Brick and Mortar
13	366301	Hinckley Branch	402 Old Highway 61, Hinckley, MN 55037	July 21, 2003	Full Service Brick and Mortar

Northview Bank in Sandstone, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Northview Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Northview Bank in Sandstone, Minnesota (MN)Overview, Financial Summary, Detailed Financial Reports, Branches

Northview Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Northview Bank in Sandstone, Minnesota (MN)
Overview, Financial Summary, Detailed Financial Reports, Branches